Oregon-based ESS has had a pretty solid few weeks.
On top of inking a massive 2 GWh deal with SB Energy, and reaching an agreement to supply Enel Green Power with 17 battery systems in Spain, ESS became the first U.S. long-duration energy storage system company to be listed on the New York Stock Exchange.
ESS began trading on the NYSE on Oct. 11 with the ticker symbol GWH after closing its combination with the company’s SPAC, ACON S2 Acquisition Corp. On its first day of trading, ESS was up over 70%. ESS utilizes iron flow technology, as opposed to lithium-ion battery storage, to provide storage of 4-12 hours.
